IEA: greater demand for energy, governments determine the fate of the world

IEA: greater demand for energy, governments determine the fate of the world

In the coming decades, the demand for energy worldwide will rise sharply, according to a report from the International Energy Agency (IEA). In 2040 we all use a quarter more than now, provided the world deals efficiently with energy. If not, the demand increases even more.

The main causes are population growth (1.7 billion more people in 2040) and rising incomes, so that people can afford to use more energy.

According to the IEA, it is mainly governments that determine how the energy is generated. “Our research shows that governments are responsible for 70 percent of investments in energy, and the fate of the world is in the hands of governments”, says IEA Director Fatih Birol.

Energy supply in Africa
“Developing the right policies and incentives are of great importance to achieve our common goals, including securing energy supplies, reducing CO2 emissions, improving air quality in cities and improving energy supply in Africa and elsewhere. . ”

Demand for coal is falling over the coming years, the agency is anticipating. It is especially up to Western countries to make adjustments in this area; In Europe and the US, (relatively polluting) coal-fired plants are on average 40 years old, in Asia 11 years.

Read the original article (in Dutch)